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Assa Abloy AB (Assa Abloy AB) Pretax Margin % : 13.06% (As of Mar. 2024)


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What is Assa Abloy AB Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Assa Abloy AB's Pre-Tax Income for the three months ended in Mar. 2024 was $442 Mil. Assa Abloy AB's Revenue for the three months ended in Mar. 2024 was $3,381 Mil. Therefore, Assa Abloy AB's pretax margin for the quarter that ended in Mar. 2024 was 13.06%.

The historical rank and industry rank for Assa Abloy AB's Pretax Margin % or its related term are showing as below:

ASAZY' s Pretax Margin % Range Over the Past 10 Years
Min: 6.3   Med: 14.34   Max: 15.33
Current: 14.1


ASAZY's Pretax Margin % is ranked better than
78.67% of 1064 companies
in the Business Services industry
Industry Median: 5.75 vs ASAZY: 14.10

Assa Abloy AB Pretax Margin % Historical Data

The historical data trend for Assa Abloy AB's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Assa Abloy AB Pretax Margin % Chart

Assa Abloy AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.43 13.32 14.25 14.50 13.68

Assa Abloy AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.17 18.65 12.23 12.70 13.06

Competitive Comparison of Assa Abloy AB's Pretax Margin %

For the Security & Protection Services subindustry, Assa Abloy AB's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Assa Abloy AB's Pretax Margin % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Assa Abloy AB's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Assa Abloy AB's Pretax Margin % falls into.



Assa Abloy AB Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Assa Abloy AB's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1877.047/13718.219
=13.68 %

Assa Abloy AB's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=441.636/3380.942
=13.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Assa Abloy AB  (OTCPK:ASAZY) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Assa Abloy AB Pretax Margin % Related Terms

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Assa Abloy AB (Assa Abloy AB) Business Description

Address
Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23
Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.

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